In 2003, Turkey passed a law that allowed for the removal of six zeroes from the currency, and the creation of the new lira. It was introduced in 2005, replacing the previous lira. The word 'new' was removed on January 1, 2009.

The bolívar is the new currency of Venezuela since January 1, 2008. The name "bolívar fuerte" is literally translated as "strong bolívar". It is officially pegged to the US Dollar but the pegged value is changed so often by the central bank that in 2018 it can dramatically change from one week to the next.